Olson Plat
Explore Olson Plat — a platted subdivision in Greater Grand Rapids.
“Solid value in a growing area”
$389K median
- Assessor estimate
- $111K median household income
- 91% owner-occupied
Above average schools
- Chandler Woods Charter Academy
- 2 rated schools nearby
- Best nearby: 9/10
Near the water
- Elk Lake — 1.1 mi
- Mirror Lake: 8 min bike
- Chalmers Park: 3 min drive
What catches people off guard about this platted subdivision is how compact it feels—just 4 acres wedged into the Pine Island Dr & Algoma Ave Area, with each lot running around a third of an acre—yet you're only 16.6 minutes from downtown Grand Rapids and roughly half an hour from Gerald R. Ford Airport. Mirror Lake sits less than a mile away, and the Rogue River Launch is even closer, making water access genuinely convenient rather than a weekend project. Homes here run around $389K, anchoring a quiet residential block where Chandler Woods Charter Academy serves the area's students. You'll find Chalmers Park about a mile and a half out, while groceries and restaurants cluster around 2 to 3 miles away—not quite walkable, but a short drive through the area's straightforward grid. It's the kind of place where you get suburban breathing room without the sprawl.
Mortgage Calculator
Median home price in Olson Plat
Estimated Monthly Payment
$2,642/mo
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. This is not a commitment to lend or an offer of credit. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Lender. NMLS Consumer Access
Your Budget in Olson Plat
Median home price: $389,200
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Your budget of $421,578 opens up homes in Olson Plat
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$1,148/mo
Median Rent
At a Glance
Est. Home Value
$389K
Assessor estimate
Parcels / Units
9
Median Lot Size
0.29 ac
0.27 ac – 0.38 ac
Median Income
$111K
Household
Nearby Schools
Based on 2 rated schools nearby
Range: 3/10 to 9/10
Elementary
2
K-5 nearby
Middle
0
6-8 nearby
High School
0
9-12 nearby
School District: Chandler Woods Charter Academy
Environment & Amenities
Flood Risk
None
Not in flood zone
Nearest Park
Chalmers Park
1.6 mi
Parks Nearby
0
within 1 mile
Nearest Lake
Elk Lake
1.1 mi